Carlton Communications Prospects
Brighten With Unit Sale, U.K. Action

LONDON -- It has been a turbulent year for Carlton Communications Group PLC, but during the past week its prospects have brightened considerably.

Carlton has finally found a buyer for its Technicolour video-duplication unit after almost a year of searching. Meanwhile, the government has pledged to remove major obstacles to consolidation within British independent television. But opinion remains split over Carlton's investment in...